IT companies in India back to hiring in numbers

IT companies in India back to hiring in numbers

Summary: Infosys, TCS, Wipro, Accenture and Cognizant have started hiring students from across the campuses revising their hiring guidances.

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TOPICS: CXO, IT Employment
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Back in 2009 when IT companies were trying to brave the effects of recession in the US, graduate hiring in India came across a speed breaker. IT companies have been the biggest employers for engineering graduates who were being hired in bulk up until the recession effects were being felt. Come 2009, those hired weren’t sent their joining letters and students passing out in 2009-2010 found it difficult to get employment.

Based on news coming from the various IT companies, they are back to hiring from campuses. Here’s a list of what the hiring plans for some of the IT companies are:

Infosys

20,000 graduates from approximately 1,100 colleges have been sent joining letters. Infosys seems to have revised their hiring guidance from 36,000 to 40,000 for the second quarter of 2010-2011, at starting salary ranging from 3.1 to 3.5 lacs INR. According to a research, the attrition rate at Infosys has gone down.

TCS

Like Infosys, TCS also revised their hiring target from 30,000 to 50,000 individuals. In a separate news story, TCS planned to hire Computer Science PhD students from IITs without interviewing them. This move was expected to encourage students to opt for the PhD program.

Astonishing numbers of over 1,000 students being hired from  the SRM University in Chennai (1,091) and 1,359 from the Shanmugha Arts, Science, Technology & Research Academy (SASTRA) University in Tamil Nadu.

Wipro

Girish Paranjpe of Wipro during an interview said that Wipro plans to hire 7,500 fresh graduates from campuses. These would include both engineering and non engineering students. Along with new hires, current employees might see salary rise.

Cognizant and Accenture

The other two notable names have both hired more than 1,000 students each. From Amity University in Noida, Accenture has offered jobs to 1,309 students while Cognizant went for 1,643 students at the Vellore Institute of Technology.

Topics: CXO, IT Employment

Manan Kakkar

About Manan Kakkar

Telecommunication engineer with a keen interest in end-user technology and a News junkie, I share my thoughts while preparing for my Master's in Information Management.

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  • RE: IT companies in India back to hiring in numbers

    All this is great news however I fear two things :

    1) the global markets are not doing great and are cutting their size and offshoring jobs to India..what will happen when they further want to do cost cutting, will India also see a cut in head count say after 7-8 months - which could be for two reasons again - companies will like to go to a way cheaper off shore region or company not doing well.

    2) All these hires are great but how will the hires be managed, trained, made a part of the company culture - When will see some quality work happening in this field....ii find the new recruits always on a look out for another opportunity that pays them more - i do not think corporates are also doing enough to retain their people....pretty chaotic in my opinion.
    shalini2011
  • Syntel

    Is Syntel is a good one or bad company..please let me know
    aravind420
    • Bharath: Syntel Good or Bad?

      See Mr. Aravind . . .
      Syntel is not a bad company. If you are fresher definitely syntel will be good comapany to you, bacause if you joined in such type of companies you will get good work there. That is not possible in big companies. As a fresher you just keep two things in your mind.
      1. Should not sign on any bond.
      2. Salary should be more than 2.5 L/A
      bharath.kobagana
    • RE: IT companies in India back to hiring in numbers

      Syntel in MNC CMM level 5 company.its not a small company and Syntel is famous for its lots of Onsite opportunities
      Ravi.Verma
  • RE: IT companies in India back to hiring in numbers

    Ever since we migrated away from Off-Shore support, things have gotten much, much better.
    james347
  • RE: Is Syntel is a good one or bad company..

    Syntel in MNC CMM level 5 company.its not a small company and Syntel is famous for its lots of Onsite opportunities
    Ravi.Verma
  • yup got to make a buckkkkkk....

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  • Birlasoft

    Birlasoft is good or Bad.It has 2 years bond.and onsite offers?
    srikanthkhare
  • opinion about Replicon?

    Hi guys, i got an offer with Replicon. My only concern is that about 10k of my ctc every month is part of FBP. Per HR this will not be deducted every month and i will be getting it. Just want to confirm with ppl who have worked there. Thnx in advance.
    ceruleantrance@...
  • RE: IT companies in India back to hiring in numbers

    What a fantastic website and so many helpful suggestions! its very help ful thank u very much for sharing the information's its too good....

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    Christopher Robin